Funds have a cotton field day

By Charles Clack
Updated August 14 2019 - 8:57am, first published 5:00am
As of July 23, non-commercials made up a staggering 44pc of positions held on the Intercontinental Exchange number two cotton futures - the largest proportion on record.
As of July 23, non-commercials made up a staggering 44pc of positions held on the Intercontinental Exchange number two cotton futures - the largest proportion on record.

Funds, risk-takers, speculators, non-commercials - whatever you want to call them - I'm talking about the short-term money which participates in almost every financial market.

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